FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bullish Flag continuation pattern has formed on the AUDCHF M5 chart. If the price breaks above the pattern high at 0.5800, a long position may be considered with a target at 0.5815.

The Bullish Pennant pattern has formed on the AUDCHF M5 chart. This is a continuation pattern. If the price closes above the pennant high at 0.5800, the uptrend is likely to continue.

The Double Top reversal pattern has formed on the AUDCHF M5 chart. Its upper boundary is at 0.5790, its lower boundary is at 0.5783, and its width is 7 points. A short position may be considered below the lower boundary at 0.5783, with a potential target at 0.5768.

The Double Bottom pattern has formed on the AUDCHF M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.5810. The projected move is based on the pattern width of 3 points.

The Bullish Symmetrical Triangle pattern has formed on the AUDCHF M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.5849 and 0.5831, respectively. The pattern width is 18 points. If the price breaks above the upper boundary at 0.5849, it is likely to move toward 0.5863.